Bulgaria » Politics

The president of Bulgaria (Georgi Parvanov since 22 January 2002) is directly elected for a 5-year term with the right to one re-election. The president serves as the head of state and commander in chief of the armed forces. The president is the head of the Consultative Council for National Security and while unable to initiate legislation, the President can return a bill for further debate, though parliament can overturn the president's veto with a simple majority vote.

The Council of Ministers is chaired by the Prime Minister (Sergey Stanishev since 17 August 2005), and is the principal body of the Executive Branch and presently consists of 20 ministers. The Prime Minister is nominated by the largest parliamentary group and is given a mandate by the President to form a cabinet. The current governmental coalition is made of the Bulgarian Socialist Party (BSP), National Movement Simeon II (NMS), and the Movement for Rights and Freedoms (representing mainly the Turkish minority).